Insurance benefits are not taxable as wages

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When medical care is reimbursed through employer provided insurance whose welfare is ultimately affected when cost of medical care rises: the owners of the firm that pays the premiums, the government whose revenues are reduced because insurance benefits are not taxable as wages, or the public in their roles as workers, consumers, and taxpayers? Is there any difference between short term and long term effects?

Reference no: EM13852655

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